HomeBusinessNigeria moves to end cooking gas shortage, illegal exports

Nigeria moves to end cooking gas shortage, illegal exports

The Federal Government has ordered immediate action to stop the illegal diversion, hoarding, and unauthorized export of cooking gas, also known as Liquefied Petroleum Gas (LPG), following a sharp rise in prices across the country.

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, gave the directive during an emergency stakeholders’ meeting in Abuja. He instructed security agencies, including the Department of State Services (DSS), the Economic and Financial Crimes Commission (EFCC), and the Nigeria Police Force, to crack down on illegal storage, product diversion, and market manipulation.

Ekpo stressed the need for all stakeholders in the gas sector to move beyond discussions and take immediate action that will improve gas availability and reduce prices for consumers.

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According to him, Nigerians should begin to see tangible results such as increased LPG supply, faster distribution to retail outlets, fewer artificial shortages, stronger enforcement measures, and lower prices.

Recent increases

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